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HMV struggles to turn Waterstone’s around
Posted by Steven Allen on 30th Aug 10
If HMV cannot find a way to reverse the fortunes of Waterstone’s, the book business it acquired in 1998, investors may demand that it is sold. In March this year, HMV’s chief executive, Simon Fox, unveiled a strategy to boost returns by 2011 after profits of just £2.5 million were announced on a turnover of [...]
(Read More)Sky to officially launch 3D service on October 1
Posted by Lucy Walters on 29th Jul 10
Sky has announced that its 3D channel is to be officially launched on October 1. Viewers who have access to 3D enabled television sets and the Sky+ HD package will be able to enjoy highlights including 3D versions of the feature films, Monsters Vs Aliens and Bolt, as well as coverage of the Ryder Cup, [...]
(Read More)Panic Shoppers Flock to Stores
Posted by Michael Bond on 22nd Dec 09
The global recession has caused major problems for high street retailers in the United Kingdom. Businesses have been forced to come up with new and innovative ways to survive the recession. Many have taken to offering bargains during the holidays that have started price wars. This is good news for consumers who can expect to [...]
(Read More)Britons Celebrate Holidays with Booze
Posted by Kim Newbold on 15th Dec 09
It has long been known that Britons enjoy partaking in a little alcohol, but recent studies have shown that it may be more than they think. One recent report showed that the average Brit will spend about nine thousand hours of his or her life in a pub and will spend around sixty five thousand [...]
(Read More)Debenhams Slashes Prices for Christmas
Posted by Kim Newbold on 20th Nov 09
The global recession has had various effects on a bevy of businesses around the United Kingdom. With profits and customers disappearing quickly many industries have turned to new and innovative schemes in an effort to increase customers and profits. Some in the hotel business were cutting amenities and stars in an effort to lower their [...]
(Read More)Traditional Toys get Boost from Credit Crunch
Posted by Rob Jones on 2nd Nov 09
Over the past few decades children in the United Kingdom have awoken on Christmas Day to find flashy, expensive toys and gadgets waiting for them under the tree. Mobile phones, video games, and other electronic gadgets have replaced traditional, less expensive toys as a mainstay for children. However, this may all come to an end [...]
(Read More)30,000 extra staff for Holiday mail rush
Posted by Michael Bond on 19th Oct 09
Britain’s Royal Mail will need 30,000 temporary employees to compensate for the future postal worker strikes as well as the Holiday rush, the organisation said. The Communication Workers Union (CWU) is planning strikes across the country for both Thursday and Friday because of concerns over pay and reforms. Officials at the Royal Mail said that [...]
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